Identitii Ltd. (AU:ID8) has released an update.
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Identitii Ltd. has successfully completed the shortfall offer from its recent Rights Issue, raising an additional $491,745 and bringing the total to $2,151,190 before costs. The capital will be used for working capital, technology partnerships, customer acquisition, and ongoing patent litigation. The new shares and options will be issued on September 9, 2024, following the company’s mission to improve global payment data connectivity.
For further insights into AU:ID8 stock, check out TipRanks’ Stock Analysis page.